Country: Asia Page 262 / 411
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- September 25 2019
FWD nears finish line for US$400m Vietcombank purchase
Fast-growing group continues to ramp up Asean expansion.
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- September 25 2019
Limiting Faxai loss creep
Property Claim Services’ new Japan offering should help to avoid a repeat of rising losses from Typhoon Jebi.
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- September 24 2019
Allianz, Nippon Life compete for US$2.5bn Aviva assets
London-headquartered major seeks to divest Asian assets, amidst a reassessment of its regional portfolio.
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- September 24 2019
JP Morgan Asset Management’s insurance team snags Rick Wei
Former BNP Paribas director steps in to replace Alan Yip.
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- September 24 2019
Weibo backs China life insurance startup
The social media company is joined by STO Express and three other investors.
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- September 24 2019
Chubb appoints Doron Grossman as Asia head of distribution
P&C insurer grows Asia Pacific team with veteran hire.
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- September 23 2019
Price Forbes’ CEO Masterton seals Hong Kong deal
A stake in Sino Insurance Brokers will help Chinese firms connect with Lloyd's.
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- September 23 2019
Hong Kong’s IA publishes broker registry
The move comes as the Insurance Authority takes over regulatory duties.
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- September 23 2019
Typhoon Tapah lands in Korea, threatens Japan
The market will be on high alert as typhoon season continues.
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- September 23 2019
Ping An to IPO OneConnect in New York: report
The blockchain innovator, which has insurers in its client base, could raise US$1bn.
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- September 20 2019
Lessons from Jebi
Losses from Typhoon Jebi should not have been such a big surprise, but Faxai will test if the lessons have been learned.
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- September 20 2019
Projected Faxai losses for MS&AD and Sompo at US$2bn
The typhoon is likely to cost the majors around US$1bn each as total market claims reach 185,000.
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- September 20 2019
Axa completes Munich Re Malaysia legacy transfer
Axa Liabilities Managers' 20th acquisition has gained regulatory approval.
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- September 20 2019
RFIB granted Hong Kong authorisation
The (re)insurance broker will have its full team in place by the end of October.
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- September 20 2019
Thailand’s motor market under pressure
A reduction in the cap on broker commissions could help stem losses.
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- September 20 2019
Four Japan P&C majors plan casualty price hike: report
It would be the first rise in six years and reflects the increased costs of elderly healthcare.
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- September 19 2019
Jebi loss creep hits Lloyd’s COR
The market made an overall underwriting loss as claims climbed to US$14.5bn in first six months.
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- September 18 2019
Hong Kong ushers in IA broker regulatory era
The Insurance Authority regime is likely to be evolution rather than revolution.
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- September 18 2019
Chinese insurtech Duobaoyu raises US$282m
Jack Ma's Yunfeng Capital is leading the latest round of funding.
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- September 17 2019
Typhoon Faxai losses between US$3bn to US$7bn: AIR
At times last week's Japanese storm compared in strength with Typhoon Jebi.
